The Caterham Graduates Racing Club is one of the largest in the country. The competitors come from a variety of backgrounds. A number have "graduated" from the novice Caterham Scholarship and Academy series, but these days many have made it their first foray into motorsport, or come to Caterhams from other race series.

The Caterham Graduates series was started in 1998 by competitors from the 1997 Caterham Scholarship as a “follow-on” championship. In its first two years, it was a multi-discipline series, with the rounds being made up of sprints, hillclimbs, and circuit races, similar to the Caterham Scholarship format. The emphasis moved more and more towards circuit races, and from 2000-on the series has comprised solely of circuit races.

In 2001, the championship spawned a second class - Super-Graduates - based on an up-rated Caterham Academy car. In 2003, Super-Graduates became Mega-Graduates and a new Super-Graduate class was formed for the latest spec of standard ex-Academy cars (confusing, isn't it?). A fourth class was added for 2011: Sigma-Graduates to cater for the current Ford Sigma engine Caterham Academy cars. A fifth class - SigMax-Graduates - is being added for 2013 to accommodate upgraded Sigma cars that have added modifications permitted in the Caterham Tracksport and Supersport championships.

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